Mayville Engineering Co
MEC
64 hedge funds and large institutions have $55.6M invested in Mayville Engineering Co in 2022 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 17 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
2% less funds holding
Funds holding: 65 → 64 (-1)
1.9% less ownership
Funds ownership: 36.87% → 34.97% (-1.9%)
21% less capital invested
Capital invested by funds: $70M → $55.6M (-$14.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$1.95M |
| 2 |
Millennium Management
New York
|
+$1.51M |
| 3 |
Renaissance Technologies
New York
|
+$687K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$537K |
| 5 |
PCM
Pinz Capital Management
New York
|
+$464K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.33M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.21M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.57M |
| 4 |
State Street
Boston,
Massachusetts
|
-$951K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$873K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Legal & General Group
London,
United Kingdom
| – | -$7K | -767 | Closed |
|
|
AIP
77
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$5K | -556 | Closed |
|
|
CS
78
Credit Suisse
Zurich,
Switzerland
| – | +$42 | +5 | New |
|
|
EI
79
Ellevest Inc
New York
| – | +$93 | +11 | New |
|
|
CA
80
CoreCap Advisors
Southfield,
Michigan
| – | +$424 | +50 | New |
|
MEC Hedge Fund Activity: Q2 2022 in Review
64 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Mayville Engineering Co (MEC) for Q2 2022, worth a combined $55.6M — down 21% from $70M a quarter earlier.
Fund positioning in MEC was balanced in Q2 2022: 17 funds opened new positions, 17 closed out, 21 added to existing stakes and 17 trimmed.
The largest buyer was Mill Road Capital Management, opening a new position worth an estimated $1.95M. The largest seller was BlackRock, cutting an estimated $3.33M.
- 64 institutional investors held Mayville Engineering Co (MEC) as of Q2 2022, down from 65 in Q1 2022.
- Funds reported $55.6M of Mayville Engineering Co stock for Q2 2022, down 21% quarter-over-quarter.
- 17 funds opened new Mayville Engineering Co positions in Q2 2022 and 17 closed out, a net change of 0 holders.
- The largest Mayville Engineering Co buyer in Q2 2022 was Mill Road Capital Management, an estimated $1.95M added.
- The largest Mayville Engineering Co seller in Q2 2022 was BlackRock, an estimated $3.33M sold.
Based on aggregated 13F filings for Q2 2022.